$750,000

Estimated payment $5,863/month

Total Views 255
3 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • High-Rise Community
  • 3-minute walk to Church Avenue (B,Q Line)
  • 3-minute walk to Umma Park

About This Home

500 Ocean Avenue, 4B Prospect Park South
Bring your creativity and vision to this generously proportioned convertible four-bedroom home at 500 Ocean Avenue, offering the opportunity to customize a cooperative residence and create a home tailored to your lifestyle in Prospect Park South, Brooklyn.
Whether you envision a spacious primary suite, a dedicated home office, or additional bedrooms, the exceptional space and versatile layout provides the flexibility to create a home that reflects your lifestyle, needs, and design aesthetic.
From morning walks in Prospect Park, year-round activities at the Lefrak Center, performances at Kings Theatre or films at Nitehawk Cinema, this location offers convenient access to some of Brooklyn ' s best recreational, cultural, and transportation amenities, with seamless transportation via the Q train at Parkside Avenue.
Why pay for someone else's design choices when you can create a home tailored to your own vision? Properties with renovation potential often offer greater value, less competition, and the opportunity to build equity through thoughtful improvements. For qualified buyers, renovation financing options may help streamline the process by combining acquisition and improvement cost into a one loan.
Highlights:
Flexible convertible four (4) bedroom layout Exceptional opportunity ready for your vision Well-established and maintained co-op community Desirable Prospect Park South location Convenient proximity to parks, transit, dining, shopping, and entertainment Renovation financing opportunities available Create a home that reflects your vision, not someone else's choices.
Contact us today to schedule a private showing or learn more about renovation financing options.

Listing Agent

Anthony Morris

Corcoran Group License #30MO0951810 Listed on: 06/18/2026

Corcoran Group

Co-Listing Agent

Lisa James

Corcoran Group License #10401215017

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1931

HOA Fees

  • $1,069 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling

Community Details

  • 64 Units
  • High-Rise Community
  • Prospect Park South Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 0060 / 05080

Property Details

Home Type

Co-Op

Year Built

Built in 1931

Lot Details

0 Sq Ft Lot

HOA Fees

$1,069 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Park South
  • Entry Level: 4
  • Structure Type: High Rise
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 6

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Exterior Features

  • Pool Features: Building None
  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1069.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Zoning Description: R7A

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 64
  • Total Stories: 6
  • Year Built: 1931

Tax Info

  • Tax Block: 05080
  • Tax Lot: 0060

Floorplan

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 -- -- -- --
2025 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $153,849 $1,271,700 $370,800 $900,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 For Sale $750,000 -- --
Source: Real Estate Board of New York (REBNY)

About the Listing Agent

Anthony Morris

Corcoran Group

(646) 523-5711

Section Image

The Corcoran Group blends entertainment industry savvy with a deep love for Brooklyn, thanks to co-founders Anthony "Tmor" Morris and Lisa L. James. With decades of combined experience in real estate, marketing, and community building, they know how to get things done—and keep it personal along the way.

Focused on making quality real estate services accessible to everyone, The Morris Team has become one of Brooklyn’s go-to teams for buyers, sellers, renters, and investors alike. Their

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20098712

Real Estate Board of New York (REBNY)

APN: 05080-00604B

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